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Tuesday, May 25, 2010 10:23:28 PM
Some people treat this negatively and rightfully so.
However, company management can change what they do if they have a better strategy or a lower cost. That is why they call it "management". In hindsight, HH should have either not said anything in the first place or perhaps told people "I have a better method". At least people could follow the story.
I suspect that HH will likely hold back until he has a solid story that can be reported. One poster said it will be real when the recipient companies see the bucks like Suntrough. That would be for me the "proof of funds".
A Pinkie does not need to report squat. However, Pink Sheet companies can behave like a Blue Chip without the Blue Chip costs if they do their job right. For my two cents worth, or should I now say 10 cents worth, I would save a few bucks for BGMO shareholders and behave like a Blue Chip rather than paying for Blue bragging rights by moving to a higher board.
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